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A dividend is a payment made by a corporation to its shareholders, usually as a distribution of profits.

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Dividend yield on ASX 200 (XJO) index options

However the underlying drops when dividends in its constituents are paid out. …
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Dividend yield on ASX 200 (XJO) index options

You can use Black Scholes but will need to create the forward value in the model using dividends and rates. …
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